PANews, November 25 - Mechanism Capital partner Andrew Kang stated in a post on platform X early this morning: “The current decentralized science (DeSci) field feels like the DeFi era in early 2019. Although everything is still in its infancy and highly experimental, those involved can feel its immense potential. The current projects may not follow the same model or product in the future, as they are being developed through iteration. Back in 2019, Maker, Synthetix, and Aave were also some clunky small-cap projects, and now they have evolved into large protocols. Here are some projects that I find particularly interesting: BIO Protocol, Pump Science, GLP1.”
In addition, Andrew Kang added that he has participated in the latest round of investment in BIO Protocol.